Home Depot rolls out affordable LED light bulbs

By Alaric DeArment

ATLANTA National hardware chain The Home Depot is offering what it calls the first affordable LED light bulbs with power comparable to that of 40-watt incandescent bulbs.

The chain is selling the energy-efficient LED bulbs for $19.97, under the EcoSmart brand. Two years ago, Home Depot said, 60-watt and 100-watt bulbs cost $90 and $360, respectively. They are available on www.homedepot.com and will be available in all the chain’s U.S. stores by the end of September.

“The Home Depot has stepped forward with the most cost-effective LED, employing the latest and most advanced LED technology available,” Home Depot EVP merchandising Craig Menear said in a statement. “Our partnerships with leading LED manufacturers including Philips, Lighting Science Group and Cree have enabled us to be the first in the market to offer affordable options for a wide array of fixture types for a consumer’s home.”